Industry News

OSAKA, Japan (BRAIN)—Shimano Inc. is slashing its full year profit forecast as U.S. and European consumers cut back purchases on mid- to high-end bicycles and fishing gear, according to Bloomberg News.

“Your cyclists really know their stuff. It’s more intense than in San Francisco. The bike coalition is strong there, but in Portland, the cyclists are more into the details. They want to know how their handle bars will work with handrails.

MIRAMAR, FL (BRAIN)—Who dares to believe they can keep up with seven-time Tour de France winner, Lance Armstrong, on a bike? Well the people behind Clear2Go, the sports water bottle with a replaceable filter, are giving would-be cyclists around the country the opportunity to do just that.

LONG BEACH, CA (BRAIN)—The nation's first Bikestation Secure Bike Module, a new concept in cost-effective, compact, multi-use bicycle transit center, is contracted for installation at the Covina Metrolink station in Covina, California.

SAN DIEGO, CA (BRAIN)—Bicycle art from all over the world will be on display and for sale at the 2009 Bike Art Spectacular, a fundraising event for Kimberlee’s Bikes for Kids. The event will take place on Saturday, November 7 from 6-9 p.m. at San Diego’s Quilt Art Vision Gallery.

Following its world premiere in Durango Tuesday night, Race Across the Sky, a stirring documentary about the 2009 Leadville Trail 100 mountain bike race, was simulcast to over 500 U.S. locations Thursday [last] night.

BERKELEY, CA (BRAIN)—The Bay Area’s cycling social event of the season, the NorCal League’s CycleFest 2009 will feature the CEO of Slipstream Sports, Jonathan Vaughters, as its special guest at its main annual fundraiser, a three-day gathering, November 6-8 in Mill Valley.